Reliance Power Ltd's chairman Anil Dhirubhai Ambani on Friday said it has acquired three coal mines in Indonesia with total reserves of two billion metric tonne.
The acquisition was made by its wholly-owned subsidiary Reliance Coal Resources Pvt Ltd (RCRPL), which plans to invest Rs 2,400 crore in mine and related transportation infrastructure to take the capacity of these mines to over 25 million metric tonne per annum.
"Reliance Coal Resources has acquired 100% economic interest in three coal concessions in Indonesia," Reliance Power said.
Saturday, May 3, 2008
Reliance Power Ltd acquires 3 coal mines
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